To further promote the opening of China’s green bond market, and enhance the role of the Common Ground Taxonomy (CGT) in facilitating cross-border flows of green capital, the expert group convened by the Green Finance Committee (GFC) of China Society for Finance and Banking has undertaken the relabelling work for green bonds newly issued in China’s interbank market in June 2026 against the CGT (2024).
14 green bonds have been newly identified as CGT-aligned, with a total scale of RMB 16.9 billion. Among these, 10 green bonds have already been aligned with the CGT during issuance. Each bond meets the specified technical requirements outlined in the Substantial Contribution Criteria of the CGT. The specific details are as follows:
Table 1: New Relabelled Green Bonds
|
Number
|
ISIN
|
Bond
|
Issuing Amount (RMB/100 Million)
|
|
1
|
CND1000BCV57
|
TCL INDUSTRIAL SCP 26(002)(GREEN TWO NEW)
|
20.00
|
|
2
|
CND1000BCX89
|
TIANCHENG LEASING GN 26(003)(CARBON NEUTRAL BOND)
|
5.00
|
|
3
|
CND1000BD0Z0
|
CGN WIND ENERGY GN 26(004)
|
10.00
|
|
4
|
CND1000BCZH1
|
CGN WIND ENERGY GN 26(003)(BLUE BOND)
|
10.00
|
|
5
|
CND1000BD5X4
|
TIANCHENG LEASING GN 26(004)(CARBON NEUTRAL BOND)
|
5.00
|
|
6
|
CND1000BD5W6
|
HUANENG HYDROPOWER GN 26(008)
|
20.00
|
|
7
|
CND1000BD7G5
|
CGN WIND ENERGY GN 26(005)
|
15.00
|
|
8
|
CND1000BDHX4
|
STATE RAILWAY LEASING SCP 26(002)(GREEN)
|
5.00
|
|
9
|
CND1000BDLS6
|
SUZHOU RAIL TRANSIT MTN 26(002)(CNB)
|
5.00
|
|
10
|
CND1000BDYK6
|
TBEA SUNOASIS GN 26(001)(TECH INNO BOND)
|
10.00
|
|
11
|
CND1000BDW89
|
CATL MTN 26(004B)(TECH INNO BOND)
|
10.00
|
|
12
|
CND1000BDW71
|
CATL MTN 26(004A)(TECH INNO BOND)
|
45.00
|
|
13
|
CND1000BF2B5
|
RONGHE FINANCING SCP 26(006)(GREEN)
|
5.00
|
|
14
|
CND1000BF2V3
|
HUANENG HYDROPOWER GN 26(009)
|
4.00
|
In June 2026, 9 CGT-aligned Chinese outstanding green bonds were due. The specific details are as follows:
Table 2: Matured Relabelled Green Bonds
|
Number
|
ISIN
|
Bond
|
Issuing Amount (RMB/100 Million)
|
|
1
|
CND10004GT12
|
21 QINGDAO METRO MTN002
|
5
|
|
2
|
CND10004GWD6
|
21 SZMG MTN003
|
10
|
|
3
|
CND10006K1P4
|
RONGHE FINANCING GN 23(003)(CARBON NEUTRAL BOND)
|
5
|
|
4
|
CND10006MLS0
|
CGN WIND ENERGY GN 23(001) (TECH INNO NOTES)
|
10
|
|
5
|
CND10006MR14
|
TIANCHENG LEASING GN 23(001)(CARBON NEUTRAL BOND)
|
10
|
|
6
|
CND10006NCM0
|
TIANCHENG LEASING GN 23(002)(CARBON NEUTRAL BOND)
|
10
|
|
7
|
CND10009R1X8
|
TONGWEI GN 25(002)(TECH INNO BOND)
|
5
|
|
8
|
CND1000B8C95
|
HN HYDROPOWER GN 26(003)(RURAL REVITALIZATION)
|
10
|
|
9
|
CND1000B8VS8
|
HN HYDROPOWER GN 26(004)(RURAL REVITALIZATION)
|
10
|
As of June 30, 2026, expert group has evaluated a total of 592 CGT-aligned Chinese green bonds traded in the interbank market, 344 of which remain in duration.
The 344 outstanding bonds account for 27.0% of the total number of outstanding green bonds in the interbank market, with an issuance scale of RMB 384.203 billion, accounting for 19.2% of the total scale of outstanding green bonds in the interbank market. Among them, the proportion of issuance scale with issuer rating of AAA, AA+, AA, and unrated is 92.9%, 4.9%, 0.1% and 2.1% respectively. The top three allocations of use of proceeds are D1.3 Electricity generation from wind power (23.5%), H1.1 Construction and operation of public transportation system in urban and rural areas (20.0%), and D1.5 Electricity generation from hydropower (20.0%).
The Common Ground Taxonomy (CGT) aligned bond data published on this and other websites as part of China’s bond labeling work by the Expert Group convened by the Green Finance Committee of China Society for Finance and Banking is public information. The Expert Group welcomes all individuals and institutions to disseminate and use these data, and to develop indices, products and related services on the basis of these data.
Click here for the list of CGT aligned Chinese green bonds (July 2026 version)
